I took a starter position at the retest of 477.50 and added on the STRONG bounce off the purple trendline.
Expecting to see 500-505 this week. And possibly 520 if we get news/catalysts.
NFLX has been following the same pattern the last 3 months. I'd say this is one of the slow steady plays, i recommend going with spreads or contracts with further out expiration to avoid time decay.
Scale in on support, scale out on runs!
Expecting to see 500-505 this week. And possibly 520 if we get news/catalysts.
NFLX has been following the same pattern the last 3 months. I'd say this is one of the slow steady plays, i recommend going with spreads or contracts with further out expiration to avoid time decay.
Scale in on support, scale out on runs!